Suchergebnisse

The process of democratic transition & consolidation has established conditions for important Czech interest groups in which interest groups have begun to face the challenges of Europeanization. The article focuses on changes that trade unions have been undergoing during the Europeanization process in respect to their internal structure, interactions with other political actors both on the Czech & European levels, changes of advocated interests, strategies of action, etc... Appropriate attention is paid also to the reaction of Czech trade unions to new challenges driven by European integration. The authors conclude, using data from original long-term qualitative research, that Europeanization is a proper conceptual tool eligible for the analysis of Trade Union. Adapted from the source document.

The article compares the formal institutionalization of socio-economic (industrial) relations in Poland and the Czech Republic in the period following their regime changes in 1989. Thus it investigates the validity of the transformation theory assumption, that the way of regime failure (type of transition) influences the forthcoming political processes. It is demonstrated that both countries arrived at the constitution of a tripartite structure, but through different paths. It is argued that the most important factor that shaped the development of institutionalized socio-economic relations in Poland and the Czech Republic is the path-dependent way of regime failure, which determined the position (form, capacities, as well as relative importance) of the relevant actors (the trade unions, the employers' organizations, and the state). Adapted from the source document.

The main goal of the article is to analyze the basic problems regarding the Economic Partnership Agreements (EPAs) negotiations between the European Union (EU) and the African, Caribbean and Pacific (ACP) countries. The negotiations so far have been controversial, and discussions about them have been inconclusive. In the first section of the article, the negotiations are set within the context of global politics and are especially examined in the context of new regionalism/inter-regionalism and international trade relations to clarify the motives behind the EPAs. Then the negotiation parties are introduced and a brief overview of the ACP economies follows, since they all have a considerable impact on the EPA discussions. Next, an analysis of possible positive and negative impacts of the EPAs on the development of ACP countries follows. Adapted from the source document.

Empirical research on the differences between unit values in the EU's trade with the Czech Republic & the intra-EU average has shown a significant changes. The comparative level of manufacturing products imported from the Czech republic has increased, the comparative level of products exported to the Czech republic has decreased. The price-gaps, inherited from the communist regime have been substantially reduced. Most remarkable changes of the comparative prices took place in trade with products of metalworking industries. The favorable development of price relations in the Czech foreign trade has been an important element underlying balance of payments performance, it has contributed to the nominal & real improvements of Czech krown & should play an important role in the process of convergence. The analysis is based on Eurostat Comext Database. Tables, Graphs, References. Adapted from the source document.

The enforcement of obligations in international relations is not governed by a supranational authority; sanctions (economic, diplomatic, communication) represent one of the possible ways in which a state may put through its rights and interests. The group of economic sanctions is very wide, and it covers measures affecting trade or financial flows (e. g. boycotts, embargoes, prohibitions on investment, payments and capital movements, withdrawal of tariff preference). The text concerns multilateral sanctions regimes applied by the United Nations and the European Union. The paper describes procedures leading to the authorization of sanctions and the circumstances under which the restrictive measures are usually applied. In both cases, the main development and widest use of sanctions occurred in the 1990s. Current economic measures are set with regard to the basic needs of common people, and they should only target the responsible elites (smart sanctions). Adapted from the source document.

Paper deals with the European Monetary Union from perspective of Post Keynesian school of economic thought. It discusses separately arguments often proposed by mainstream economists. After the brief introduction, which highlights main differences between mainstream & Post Keynesian economic theory, work deals in sequence with trade argument often found in discussion about monetary unification, monetary issues mainly with the role of European Central Bank & lastly, work appraises European Monetary Union from international monetary arrangement perspective proposed by Post Keynesian economists. Based on this evaluation, work concludes stating that Post Keynesian economists are more likely not to be overenthusiastic with European monetary unification. References. Adapted from the source document.

Relationship between European Union & The People's Republic of China declared in 2003 as the "strategic partnership" attracts attention as a new & remarkable phenomenon within post-bipolar international framework. This article reviews essentials & motives of both partners' mutual & deepening relations by pointing at their growing economic interdependence, upgrading political relations, & further developing their cultural, science & technology, academic, environmental etc. cooperation. However, while critically analyzing EU-China basic agenda of the strategic partnership & its real outcomes, this article points at poor Chinese human rights record, persistence of EU arms embargo, mutual trade disputes, Chinese failure at obtaining the EU's Market Economy Status, as well as insufficient intellectual property & trade mark protection in China. This study concludes with finding an attaining the real EU-China strategic partnership questionable, considering that as a mere term of official-level politeness, lacking behind expectations & potential. Adapted from the source document.

Economic growth of the Czech Republic measured by GDP reached 3,4% per annum in the decade 2001-2010 and was substantially faster than average annual growth of the European Union. Strong acceleration in the years 2005-2007 was followed by stagnation in the years 2008-2012 caused by strong decline of GDP in the year 2009 and milder recession in the year 2012. The modest recovery in the years 2010 and 2011 was pulled namely by foreign trade, while final consumption and gross fixed capital formation stagnated. Alternative indicator of national income was negatively influenced by growing outflow of primary incomes. Real gross domestic income indicates different results in comparison with gross domestic product because of changes in the terms of trade. Macroeconomic stability improved substantially in the field of foreign trade while general government deficit contributed to its deterioration. Adapted from the source document.

2004, which was also the year of EU entry, was quite successful for the Czech economy. Economic growth accelerated, driven in particular by the investment demand & exports. After 10 years of permanent deficits, the trade balance deficit diminished significantly. The effects of EU entry, which opened new chances to the exporters, accompanied the positive impact of FDI inflows from the past. Due to acceleration of exports, industrial output registered a record high growth within the last decade. Accelerating economic growth did not provoke inflationary pressures. Two waves of VAT increase (in January & May) were absorbed until the end of the year. A strong increase in PPI resulting from high world prices of oil & gas had no spillover effect to consumer prices due to strong competition between both the producers & traders. At the beginning of 2005, economic growth continued with the same pace as in 2004, driven by investment demand & exports. Consumer demand kept on weakening, consumption of households registered the weakest growth since the end of 1998. Both the industrial production & exports reported a slowdown due to sluggish economic activity in the euro area, especially in Germany. Tables, Graphs. Adapted from the source document.

Gradual narrowing of the gap between consumer & investment demand was one of major achievements of 2003, supporting the long-term sustainability of Czech economic growth. In the first half of 2004, industry & construction witnessed strong growth, retail trade showing a considerable slowdown. Growth in industry has continued to be more rapid in the sector of foreign controlled companies. After a slight weakening of deflation tendencies in the third quarter of 2003, last quarter of 2003 & first half of 2004 confirmed a resurgence of inflation. Growth of industrial prices was more rapid than the growth of consumer ones, predominantly due to increasing world prices of oil & metals. The labour market & public finance continue to be the main macroeconomic problems of the Czech Republic. The improvement may come only after adoption of fundamental reforms in both these areas. 9 Tables, 5 Graphs, 6 References. Adapted from the source document.

The main purpose of this article is to show by selected case studies to what extent the euro has already managed to establish itself as one of the key international currencies from the point of view of various aspects, to what extent it fulfills the functions of an important international currency, and what are the prospects of the euro's position in the future. Various signals indicate that the euro already fulfills some conditions which would allow it to become a serious competitor to the dollar in a relatively short period of time. The article is also taking notice of some obstacles and drawbacks that the European Economic and Monetary Union (EMU) has to and will have to deal with.First of all, the author deals with the question of whether the eurozone is an optimum currency area. This is one of the principal theoretical problems which has been accompanying the EMU since the very beginning. Then he shifts his attention to the question, concerning what role does the euro play in the world economy at present from the point of view of the share of the eurozone on the world GDP, trade, officialforeign exchange reserves, selected indicators offinancial markets etc. Then he deals with the role of the euro in the world monetary system -- one of the main subsystems of the world economy. Here is presented a survey of countries which have accepted the euro as its single or main currency, and also countries whose currencies are narrowly linked to the euro by means of various exchange rate mechanisms. The next part of the article outlines the potential of the euro in its "conquest" offurther regions of the world. Both those where the euro is becoming or will become the number one currency (e.g. in the countries of Central and Eastern Europe) in a foreseeable future, and those where it will compete with the American dollar (e.g. in Latin America, in the Middle East etc.). In the final part, the author attemptes (use the same tense) to point out some problems which can influence what?missing subject, if and to what extent the euro really will become a strong and stable currency. At the moment, it is not yet possible to answer concisely and clearly the question of whether the euro will become an equivalent competitor to the American dollar. It is important whether the EMU will or will not break up in the course of the coming years or decades. So far, there have not appeared any signals of this kind. It will be substantial how the member countries of the eurozone will be able to handle the first serious crisis, e.g. analogical to that of 1992-1993. At that time, the exchange rate mechanism (ERM) was abandonned temporarily by the 1talian lira and permanently by the British pound. This crisis of the European monetary system has shown the difficulty or even incapacity to set such a monetary policy which would be simultaneously advantageous for all member countries of a certain monetary system. The question is whetlLer it is possible considering there are usually big differences in economical standing between individual countries. A similar or even a more serious crisis could emerge in a longer time horizon. The EMU thus stays a long term project and a long distance run. It is, however, possible to assume that within the next ten years, it could become totally clear whether the EMU project is a great success or a great error. Adapted from the source document.